Tuesday, September 30, 2014

Bakersfield Radio: Buckley Sez Station Sales 'Rumors'

The president of Buckley Broadcasting, owner of four Bakersfield radio stations, said Monday there was "nothing definitive" pending with the sale of any of its stations.

Joe Bilotta, president of the Hartford, Conn.-based company, said any talk of selling Bakersfield's KNZR 1560 AM and  97.7 FM, KKBB 99.3 FM and KLLY 95.3 FM were "rumors."
"As we speak right now we have nothing definitive with any contract of sale for any of our assets in the state of California," Bilotta said. "These kinds of rumors come and go."

Recently, however, the family-owned company has been in a selling mode. In July, Buckley sold five Hartford stations to Connoisseur Media for $7.9 million.

In addition to its Bakersfield stations, Buckley retains two FM stations in Merced and an AM station in Monterey, according to the Californian.

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